Free Trade Agreement Between Mercosur and European Nations

Mercosur signed free trade deal with Iceland, Liechtenstein, Norway, Switzerland.
Deal covers goods, services, investment, intellectual property.
Free trade zone includes 300 million people and $4.3 trillion GDP.
Potential price drops for Swiss chocolate, Norwegian cod, cheaper beef in Europe.
Mercosur aims to ratify larger EU free trade deal.
EU deal is important for Brazil due to U.S. tariffs.
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